U.S.-based cryptocurrency exchange PayBito announced on Wednesday it has seen record participation for its exchange affiliate program specifically in the UAE region, in the last few months. According to PayBito, the program allows enterprises venturing into the crypto domain to get associated with a renowned brand, and flourish by leveraging the advanced features offered by the cryptocurrency exchange. Affiliates earn 40% of the maker-taker fees, paid every month. The maker-taker fee comes up to 0.2% each.
Speaking about the milestone, Raj Chowdhury, Managing Director of PayBito, stated:
“PayBito is significantly involved in opening up avenues for collaborations and crypto ventures for enterprises that are new to the domain, and our exchange affiliate program aims to do the same. Through such a collective effort we believe in accelerating the cause of crypto mass adoption and ultimately the growth of the industry.”
PayBito further revealed that other than the affiliate program, its franchise initiative has also gained significant momentum across geographies including the UAE.
Founded in 2017, PayBito reported its platform is designed by a team with rich experience in Banking security systems, Cryptocurrency trading, and Blockchain technology. PayBito notably offers the cryptocurrency exchange interface that functions under the brand name of the company participating in the affiliate program. The exchange order book has all the offers that are visible on the PayBito platform, including offers from other global trading platforms and other PayBito affiliates.
